VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 18, 2006) - Coral Gold Resources Ltd. (the "Company") (TSX VENTURE:CGR)(OTCBB:CGREF)(BERLIN:GV8)(FWB:GV8) has been advised that Robert McEwen has resigned as Director and Executive Chairman of the Company, effective immediately.

On behalf of the Board of Directors of Coral Gold Resources Ltd.

Louis Wolfin, Director

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